What Texmo Industries does

Texmo Industries is an Indian-based, family-owned industrial manufacturer founded in 1956 in Coimbatore by R. Ramaswamy, now in its third generation of family management. The company operates two primary product divisions: Taro Pumps by Texmo Industries, which manufactures submersible, monoblock, open well, jet, and sewage pumps as well as electric motors for agricultural, industrial, and domestic end-markets in India; and Texmo Blank (formed in 2020 when Texmo Precision Castings acquired a majority stake in Germany's Feinguss Blank), which produces precision castings in steel, aluminium, cobalt, and nickel-based alloys using air and vacuum casting processes for global enterprise customers including John Deere and Stanley Black & Decker.

Texmo Group runs a B2B/B2C hybrid commercial model. The pump division sells through direct sales and an established dealership network originally launched in 1956, serving farmers, industrial users, and households across India. The castings division operates on a direct enterprise sales motion into global OEMs, with multi-continental manufacturing facilities in the USA (Warsaw), UK (Sheffield), Germany (Riedlingen), Romania (Timișoara), and India (Coimbatore), supported by 24/7 operations. Pricing is quote-based B2B and undisclosed. The pump business leverages the Coimbatore "Pump City" cluster, where Texmo and adjacent firms collectively supply nearly half of India's pump and motor demand. While revenue is not publicly disclosed, the group employs 1,750 staff in Texmo Blank alone across five countries. Complementary activities include Texmo Academy (workforce training, 2013), Taro Green (afforestation programme since 2004), Miss-a-Meal (employee charitable giving since 2010), and the Ramana Gounder Hospital (community healthcare since 1974). No external institutional investment has been disclosed.

Name

Texmo Industries

Legal name

Texmo Industries

Website

https://texmo.com

Company type

Private

Founded year

1956

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Texmo Industries is a family-owned Indian industrial manufacturer founded in 1956, producing submersible pumps and motors (Taro Pumps) for Indian agricultural, industrial, and domestic markets, and precision castings (Texmo Blank) for global enterprise customers across five countries.

Ownership category

akta.pro rank

Product category

Industrial Pumps and Precision Castings

NAICS

Measuring, Dispensing, and Other Pumping Equipment Manufacturing (333914), Steel Investment Foundries (331512)

SIC

Pumps & Pumping Equipment (3561), Nonferrous Foundries (Castings) (3360)

akta.pro primary industry

Specialty & Metering Pumps (IMAHANAC)

Keywords

• Submersible pump manufacturing
• Precision casting services
• Agricultural water pumps
• Monoblock pump motors
• Industrial pump manufacturing

Headquarters

HQ city

Coimbatore

HQ country

India

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Pump and Motor Sales: Taro Pumps brand sells submersible, monoblock pumps and electric induction motors for agricultural, industrial and domestic use. Revenue is generated through one-time product sales with extensive service network support.
2. Precision Castings: Texmo Blank manufactures and sells precision castings (steel, aluminium, cobalt, nickel-based) to global brands. Revenue generated through direct B2B sales of manufactured components.
3. Professional Services: Customer service, application engineering, and technical support services provided to pump customers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Texmo Industries manufactures and sells pumps, motors, and precision castings through two operating divisions: Taro Pumps (submersible, open well, monoblock, jet, and sewage pumps plus motors for agricultural, industrial, and domestic use) and Texmo Blank (steel, aluminium, cobalt, and nickel-based precision castings in air and vacuum processes for global industrial brands). The company also operates Texmo Precision Castings and runs the Texmo Group's social initiatives.

Product overview

Texmo Group operates as a diversified industrial conglomerate with two core product divisions. The primary offering is Taro Pumps by Texmo Industries, which manufactures submersible and monoblock pumps and motors for agricultural, industrial, and domestic use, known for power efficiency and corrosion resistance. The second major division is Texmo Blank (formed from Texmo Precision Castings acquiring Feinguss Blank), which produces precision castings in steel, aluminium, cobalt and nickel-based alloys through air and vacuum casting processes across facilities in North America, Europe, and Asia. Supporting these industrial operations are Texmo Academy (training centre), community initiatives including Taro Green (tree planting and free pump distribution) and Miss-a-Meal (feeding program), and the non-profit Ramana Gounder Hospital.

Differentiator

Problem solved

Functional benefit

Brands

• Taro Pumps: Submersible and monoblock pumps and motors for domestic, industrial, and agricultural markets
• Taro Water

Products and services

• Taro Pumps

Quantifiable outcome

• Taro Pumps is the first pump manufacturer to offer extended warranties in the industry
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• SkillSonicscoreStrategic or Co-development PartnerSince 2016, Texmo Industries has partnered with SkillSonics to conduct the Multi-Skilled Production Technician (MSPT) course for underprivileged students. This partnership supports Texmo Academy's mission to equip young people with knowledge and skills for manufacturing careers.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Signicast (Form Technologies): Specialist precision investment casting supplier serving aerospace, industrial, and commercial OEMs. Directly comparable to Texmo Blank in process technology (investment casting) and customer profile (demanding global OEM customers like John Deere and Stanley Black & Decker).
• C.R.I. Pumps: India-based manufacturer of submersible, monoblock, and agricultural pumps, closely mirroring Taro Pumps' product line and target markets. Headquartered in Coimbatore, C.R.I. is one of Texmo's most direct domestic competitors in the agricultural and domestic pump categories.
• Franklin Electric: US-based manufacturer of submersible pumps, motors, and fueling systems, with a product mix highly comparable to Taro Pumps' submersible pumps and motors. Competes in the same global water pumping and agricultural water segments.
• Crompton Greaves Consumer Electricals: Listed Indian company manufacturing pumps, motors, and fans for domestic and agricultural use, including submersible and monoblock pumps that overlap directly with Taro Pumps' portfolio. Comparable channel model combining dealer networks and brand-led consumer marketing in India.
• KSB Limited: India-listed pumps and valves manufacturer with a broad portfolio of industrial, agricultural, and domestic pumps directly comparable to Taro Pumps. Operates as a scaled B2B/B2C pump company in India and global markets, competing head-to-head with Texmo in the same channels.
• Shakti Pumps: India-based manufacturer of submersible pumps, monoblock pumps, and solar pumps focused on agricultural and domestic segments. Direct overlap with Taro Pumps' core markets and customer base in India.
• Impro Precision Industries: Hong Kong-listed precision investment casting and machining supplier serving automotive, industrial, and medical OEMs. Closely comparable to Texmo Blank in process mix (investment castings, machined components) and global OEM customer base.

Broad incumbents

• Grundfos: Global Danish leader in pumps and water solutions, with a much broader portfolio and global scale than Texmo. Competes with Taro Pumps in industrial and commercial pump segments and represents the kind of scaled global incumbent Texmo must compete against in higher-tier markets.
• Flowserve Corporation: Global leader in industrial pumps, valves, and seals serving oil & gas, chemical, power, and water markets. A scaled, publicly-listed peer that competes with Texmo in industrial pumping and exposes the group to a higher-tier global competitor set.
• Xylem Inc. Global water technology company offering pumps, treatment, and metering solutions across utility, industrial, and commercial markets. A scaled, publicly-listed peer with overlapping pump manufacturing and global OEM relationships comparable to Texmo's enterprise customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC7M_x7_8RfLVE8lgZBJWLMA
• Facebookfacebook.com/TexmoGroup
• Instagraminstagram.com/texmogroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Texmo Industries